The Greedy Trader Weekly Analysis
Sign In Jul 2, 2020
Skip Navigation Links
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 6/26/2020 -
Sign In to see current Signals.

Prudential Financial (PRU)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Trend support at 59.05
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldPrice has crossed below the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Prudential Financial (PRU). During the week, the PRU dropped -4.99 points, or -7.91%, and closed at 58.10 on Friday, June 26, 2020. PRU was trading at average weekly trading volume.

Long-term trend: [See PRU long-term trend chart]
A long-term downtrend had started on May 1, 2019 at 106.40 and reached 38.62 on March 23, 2020. PRU lost 67.78 points, or 63.70%, in 46 weeks. The price is now at the 28.74% retracement level.

Medium-term trend: [See PRU medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 38.62 and reached 74.76 on June 8, 2020. PRU gained -36.14 points, or -93.58%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (59.05) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See PRU weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 29, 2020. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See PRU short-term trend chart]
A short-term downtrend had started on June 8, 2020 at 74.76 and reached 57.11 on June 26, 2020. PRU lost 17.65 points, or 23.61%, in 18 days. The price is now at the 5.61% retracement level.

Daily Technical Indicators: [See PRU daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since June 12, 2020. This is an indication that the short-term trend is down.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 22.96
Williams' Percentage Range (W%R) 87.40
Oversold
Lane's Stochastic (%D-Slow) 18.64
Oversold
Greed/Fear Indicator (GFI) 18.08
Oversold
Moving Average Converg./Diverg. (MACD) 1.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.15
Williams' Percentage Range (W%R) 64.60
Lane's Stochastic (%D-Slow) 69.93
Greed/Fear Indicator (GFI) 53.15
Moving Average Converg./Diverg. (MACD) -7.76
Trading Signals
Description Value Chart
Upper Bollinger Band 70.36
Parabolic System 66.34
Weekly Stochastic Crossing 66.12
20 Day Moving Average 64.17
50 Day Moving Average 60.01
Weekly Trendline Support 59.05
Daily Stochastic Crossing 58.73
Price 58.10
Lower Bollinger Band 54.23
Sector and Industry
Description Name Rank
Sector Financials 5
Industry Life & Health Insurance 27
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 74.76
High Date 06/08/2020
Low 57.11
Low Date 06/26/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 78.69
Support 59.05
Low 38.62
Low Date 03/23/2020
High 74.76
High Date 06/08/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 97.24
High Date 02/12/2020
Low 38.62
Low Date 03/23/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 106.40
High Date 05/01/2019
Low 38.62
Low Date 03/23/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 127.14
High Date 01/29/2018
Low 38.62
Low Date 03/23/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.